Data: The circulation of USDC has increased by about 1 billion in the past 7 days
PANews reported on March 29, according to official data, within the seven days up to March 27, Circle issued approximately 4.4 billion USDC and redeemed about 3.4 billion USDC, increasing the circulation by about 1 billion. The total circulation of USDC is around 60.2 billion, with reserves of approximately $60.4 billion USD, including roughly $7 billion in cash and an estimated $53.4 billion held in the Circle Reserve Fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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